Kirkland & Ellis LLP counseled Peak Holding Corp. on its decision to be acquired by Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, in a cash transaction valued at approximately $100 million. The acquisition includes privately-held Comverge, Inc. since it’s part of parent company Peak Holding Corp. The acquisition combines a world-leader in gas, water, electricity and smart cities solutions with a longtime leader of demand response, which expands the scope of smart grid offerings for the industry. The full release is available here.
The Kirkland team was led by corporate partner Michael Weed and associates Joshua Faulkner and Garrett Lorentz; tax partner Keith Villmow; technology & IP transactions partner Matthew Lovell and associate Ryan Farrell; employee benefits partner Alexandra Mihalas and associate Chris Chase; labor & employment of counsel Tim Stephenson and associate Evangelia Podaras; environmental transactions partner Brian Land; real estate partner Roberto Miceli and associate Benjamin Kryder; and international trade partner Mario Mancuso and associate Diego Ortega.